In this episode of Cointelegraph's Crypto Duel, professor of computer science at the University of Campinas Jorge Stolfi debates Bitcoin strategist at Kraken Pierre Rochard on whether Bitcoin can be considered a Ponzi scheme. 00:00 Intro 1:29 Can Bitcoin be defined as a Ponzi scheme? 10:39 Why Bitcoin should be considered a Ponzi when fiat money is not? 14:10 How does Bitcoin differ from fine art? 19:33 Can Bitcoin be defined as a Ponzi scheme despite the lack of a centralized organizer? 21.37 Is the Bitcoin system leaking value? 28:44 Do Bitcoin previous comebacks support its legitimacy? 33:20 What could change your position on Bitcoin? 35:06 Outro Get your Cointelegraph merch here: http://bit.ly/2X67nM7 Use this code for your 30% discount in our store: HODLERSDIGEST30 #Cointelegraph #Bitcoin #CryptoMarkets Subscribe to Cointelegraph: https://goo.gl/JhmfdU Follow COINTELEGRAPH: Website: https://cointelegraph.com/ Telegram: https://t.me/cointelegraph Facebook: https://www.facebook.com/cointelegraph Twitter: https://twitter.com/cointelegraph Cointelegraph covers everything Bitcoin, bringing you the latest news, prices, breakthroughs, and analysis, with emphasis on expert opinion and commentary from the digital currency community.